Match each concept with its best description by entering its letter A through E in the blank. 1. Just-in-time manufacturing A. Focuses on quality throughout the production process. 2. Continuous improvement B. Flexible product designs can be modified to accommodate customer choices. 3. Customer orientation C. Every manager and employee constantly looks for ways to improve company operations. 4. Total quality management D. Reports on financial, social, and environmental performance. 5. Triple bottom line E. Inventory is acquired or produced only as needed.

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter13: The Balanced Scorecard: Strategic-based Control
Section: Chapter Questions
Problem 12E: Consider the following quality improvement strategy as expressed by a series of if-then statements:...
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Match each concept with its best description by entering its letter A through E in the blank.
1. Just-in-time manufacturing A. Focuses on quality throughout the production process.
2. Continuous improvement B. Flexible product designs can be modified to accommodate
customer choices.
3. Customer orientation C. Every manager and employee constantly looks for ways to
improve company operations.
4. Total quality management D. Reports on financial, social, and environmental performance.
5. Triple bottom line E. Inventory is acquired or produced only as needed.

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